There are growing indications that high gasoline and diesel fuel prices are having an increasingly adverse impact on the general US economy, and federal lawmakers have started...
The accumulation of large oil revenues, particularly since the early 2000s, has placed oil exporting countries among the world’s largest sources of capital.
Two LNG tankers arriving along the upper Texas Gulf Coast within 5 days of each other are delivering commissioning cargoes for two new LNG terminals, one in Louisiana and one ...
The US Senate approved an extension of renewable and alternative energy financial incentives as an amendment to a housing bill, HR 3221, by 88 to 8 votes on Apr. 10.
US Sen. John McCain (R-Ariz.), breaking with the administration of President George W. Bush, urged the White House Apr. 10 to stop purchases for the Strategic Petroleum Reserve...
General Interest - Quick TakesAlberta adjusts ‘New Royalty Framework’The Alberta government, citing “unintended consequences” of its “New Royalty Framework,” is easing terms for...
Over the next 5-year period to 2012, high oil prices will continue to drive oil and gas industry spending on offshore drilling to a total of $380 billion.
Oil and natural gas exploration and development and its relationship to the environment was a predominant theme at the 9th Annual International Oil Summit Apr. 10 in Paris.
Recent reports on the successful development of Devonian organic shale reservoirs in southwestern Pennsylvanian and adjacent West Virginia have raised the speculation about this...
The front-month contract for benchmark US crudes jumped past $112/bbl Apr. 9 following a report that inventories of crude, gasoline, and distillate fuel fell to unexpectedly low...
Edgo Group,AfyouniClick here to enlarge imageAmman, Jordan, has appointed Marc Mazen Afyouni group regional director for Libya, Algeria, and Chad. He replaces Maher Jadallah, ...
New portable rupture disk installation aidThis new portable rupture disk installation aidTest-Telworks with rupture detector Flo-Tel+ to help ensure proper disk installation...
Reports of major oil discoveries get quick attention from the general media these days, even when the discoveries aren’t really news or, for that matter, discoveries.
The Upper Devonian-Lower Mississippian Bakken formation in North Dakota and Montana, which has produced 105 million bbl of oil through the end of 2007, contains an estimated 3...